High-Yield Online Savings Accounts | First Savings Bank, IN

Select your account and open online today!

IMPACT SAVINGS

  • Free savings account that pairs with our Impact Checking account
  • Monthly service fee waived when opted in for eStatements
  • Earn 0.75% APY on balances between $10,000 up to $100,000 when qualifications are met
  • Earn 0.20% APY on balances over $100,000 when qualifications are met
  • Earn a base rate of 0.01% APY on balances below $10,000
  • $50 minimum to open

STATEMENT SAVINGS*

  • Tiered interest-bearing savings account
  • Perfect for savers ages 18 and over
  • Auto transfer option when paired with FSB checking account
  • $50 minimum to open

FIRST STEP SAVINGS

  • Interest-bearing account for those 17 years and younger
  • No monthly service fee
  • $5 minimum to open

PERSONAL MONEY MARKET*

  • Tiered interest-bearing account
  • Flexibility to access funds
  • Maintain a daily balance of $1,000 to avoid service charge
  • $100 minimum to open

Frequently Asked Questions:

Can I have a debit card with my savings account?

We can get you an ATM only card, but debit cards are reserved for demand deposit accounts, such as our personal checking products. With an ATM only card you can have access to withdrawal funds from your savings account anytime.

Will I be charged a fee for having a savings account?

While you will not be charged a fee for having the account, a fee could be assessed in the event your savings balance falls below the minimum balance or exceeding the limited number of withdrawals.

Why should I open a savings account?

Savings accounts offer a convenient way for someone to create an emergency fund or build toward a savings goal while earning interest on their deposit.

* APY is Annual Percentage Yield.

For all types of savings accounts: Rates may change after the account is opened. Fees may reduce earnings. 

 

Statement Savings: A Service Charge of $1.00 will be imposed every month if the daily balance on any day of the statement cycle falls below $50.00. A $5.00 fee will be assessed for each limited transaction over 6 per month. A $1.00 charge will be assessed for each teller assisted withdrawal exceeding 4 per month.

Personal Money Market: A service charge of $10.00 will be imposed every month if the daily balance on any day of the statement cycle falls below $1,000.00. You may make six (6) transfers from your account each four (4) weeks or similar period, if by preauthorized or automatic transfer or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions) made by the depositor and payable to third Parties. Debit activity in excess of 6 transactions are subject to $10.00 per item.

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